Green finance and financial technology (FinTech) can transform the country’s economy and society at large, to be more inclusive, resilient and sustainable, said Deputy Minister of Finance and Economy Khairuddin Abdul Hamid (pic) at the Brunei Economy Programme held at Anggerek Desa Technology Park on Thursday (Aug 11).
President Joko Widodo (Jokowi) invited the German Federation to participate in developing the potential of new and renewable energy in Indonesia. “I laud Germany’s support in strengthening climate change cooperation through the construction of the Green Infrastructure Initiative worth 2.5 billion euros, including the construction of the world mangrove center, which was just inaugurated a […]
The ‘Energy Security and Energy Transition: Today and Tomorrow’ exhibition was officially launched on Wednesday (June 15), as part of a series of events for the Energy Week in conjunction with the Brunei Mid-Year Conference and Exhibition 2022 (Brunei MYCE) at the International Conference Centre (ICC) in Berakas.
Brunei’s Sultan Hassanal Bolkiah gave an order to abolish the South-East Asian country’s Ministry of Energy, local media had reported. According to an official announcement on Radio Television Brunei, the country’s national public broadcaster and local daily newspaper Borneo Bulletin, the Sultan has commanded the abolishment of the Ministry of Energy and the formation of the […]
In line with aims and goals in energy efficiency, conservation and renewable energy, several initiatives and activities have been implemented in Brunei Darussalam. This was shared during a recent interview with officers from the Ministry of Energy (ME).
BANDAR SERI BEGAWAN – Brunei plans to ramp up production in the upstream and downstream oil and gas sectors after discovering 42 million barrels of oil equivalent at an undisclosed location last year.
Brunei’s crude oil production plunged to a record low in the third quarter of 2021 as the second COVID wave took a toll on the economy, which shrank for the fourth consecutive quarter. The Brunei economy sunk deeper into recession after posting a negative growth of 2.2 percent in Q3 2021, according to the Department […]
The 26th Session of the United Nations (UN) Climate Change Conference (COP 26) continues in Glasgow, Scotland.
Oct 25 (Reuters) – Brunei aims to meet 30% of itsoverall power generation mix with renewable energy by 2035, Energy Minister Awang Haji Mat Suny bin Haji Md Hussein said on Monday, as the country aims to accelerate progress towards greener energy.
Brunei Darussalam’s renewable energy policy is as modest as its hydrocarbon strategy is ambitious. The petrostate is banking on technology to reduce its carbon footprint to preserve its ambitious expansion of oil and gas activities.